“The number of jobs lost to more efficient machines is only part of the problem. What worries many job experts more is that automation may prevent the economy from creating enough new jobs.

Throughout industry, the trend has been to bigger production with a smaller work force. . . . Many of the losses in factory jobs have been countered by an increase in the service industries or in office jobs. But automation is beginning to move in and eliminate office jobs too. . . . “

Doesn’t that sound familiar?

Yet we’ve managed to keep on creating jobs and wealth since that time.

The machines have not yet taken all of our jobs – but the nature of work has definitely changed.

People can now draw a salary from roles like SEO specialists, web analysts, social media managers and bloggers.

The thing about creative destruction is that people tend to focus on the ‘destruction’ part of the equation rather than the ‘creation’ side of the equation.

AI is the new (and yet old) destructive and creative force that is shaping tomorrow’s jobs and what they look like.

Jobs are not being lost. They are being changed.

The nature of work is changing. That’s why MYOB has put together extensive research into the future of work for accountants and bookkeepers – in areas as broad as AI, blockchain, embeddable technology and the cashless society.

The MYOB Radar Report provides an overview of the future.
Find out what steps to take today so you can succeed tomorrow.